TransColorado Gas Transmission Company
Original Volume No. 1
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Effective Date: 12/05/1996, Docket: CP90-1777-009, Status: Effective
Original Sheet No. 49 Original Sheet No. 49 : Superseded
GENERAL TERMS AND CONDITIONS
(Continued)
(vi) Whether the bidding Shipper will accept pro rata
allocation of capacity and the minimum amount of
capacity the bidding Shipper is willing to accept.
(vii) Whether the bidding Shipper is the pre-arranged
Shipper.
(b) A pre-arranged Shipper must post its bid for the capacity on
TransColorado's EBB. If the pre-arranged Shipper fails to
post its bid, the capacity will not be awarded to the pre-
arranged Shipper.
(c) The identity of any bidding Shipper shall be kept
confidential. However, the amount of each bid received by
TransColorado during the bid period will be posted on
TransColorado's EBB.
(d) A bidding Shipper may not bid a reservation charge less than
the minimum reservation charge nor more than the maximum
reservation charge specified by the tariff, nor may the
volume or the term of the bid exceed the maximum volume or
term specified by the releasing Shipper.
(e) A bidding Shipper submitting a contingent bid must notify
TransColorado and the releasing Shipper, through
TransColorado's EBB, when all contingencies have been met.
(f) A bidding Shipper may withdraw its bid prior to the end of
the bidding period. However, once a bid is withdrawn, the
bidding Shipper may not submit a new bid for that released
capacity at a lower rate. The bidding Shipper may resubmit
a bid for the released capacity only at a rate and term that
will result in a higher present value than the withdrawn
bid.
(g) A bid may not be withdrawn after the close of the bid
period.
6.13 Awarding of Released Capacity - Released capacity shall be awarded
by the following procedures.
(a) Temporarily released capacity shall be awarded to the
bidding Shipper that makes the best offer based on the
criteria specified by the releasing Shipper or the present
the present value formula defined below.